Techmeme
March 4, 2025, 10:00 AM

Top News

David Pierce / The Verge:
Apple updates the $599+ 11-inch and $799+ 13-inch iPad Air with M3, in four colors, and debuts a $269+ Magic Keyboard with function keys and a larger trackpad  —  Only a year after the last Air, Apple is updating the middle of its tablet lineup once again. … The iPad Air is a tricky tablet.
Hartley Charlton / MacRumors:
Apple unveils the 11th-generation iPad, adding an A16 Bionic chip and starting at 128GB of storage for the same $349, and offers a 256GB and a new 512GB option  —  Apple today announced the 11th-generation iPad, now featuring the A16 Bionic chip and more storage.
Axios:
At a press conference with Trump, TSMC CEO CC Wei says the company plans to invest $100B+ in US chips over four years, on top of its $65B commitment in Arizona  —  - It's also part of the bipartisan U.S. national security push to increase domestic chips production and accelerate the AI economy.
Shirin Ghaffary / Bloomberg:
Anthropic raised a $3.5B Series E led by Lightspeed at a $61.5B valuation; a source says its annual revenue run rate is up 30% in 2025, from ~$1B in late 2024  —  The company is said to have increased its run-rate revenue by 30% so far this year.  —  OpenAI rival Anthropic has officially closed …
Jordan Novet / CNBC:
Cloud-based Nvidia GPU provider CoreWeave files for an IPO on the Nasdaq under CRWV and says 2024 revenue was up 737% YoY to $1.92B and it had an $863M net loss  —  CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market.
Bailey Lipschultz / Bloomberg:
Jay Peters / The Verge:
Google updates Google Play on Android to highlight apps with widgets, adding a widget search filter, widget badges on app pages, and a curated editorial page  —  There will be a new search filter for widgets, widget gadgets on app detail pages, and a curated editorial page.
Andrew J. Hawkins / The Verge:
Uber launches Waymo rides in Austin, where Waymo operates within 37 square miles including Hyde Park and Downtown; in August 2024, Waymo had ~700 vehicles total  —  Residents of the Texas capital can now hail a driverless Waymo vehicle — as long as they're within the 37-square-mile service area.
Andrew Cunningham / Ars Technica:
Nvidia GeForce RTX 5070 review: great 1440p performance, compact design, and DLSS, but high power draw, only 12GB of RAM, runs hot, and availability is tricky  —  It's not all bad news, but in a lot of ways this is barely an upgrade.  —  “4090 performance at $549.”
Shaurya Malwa / CoinDesk:
Bybit CEO Ben Zhou says 77%+ of the funds stolen remain traceable, including ~417,348 ETH, and 20% have “gone dark”; the hackers converted 83% of the ETH to BTC  —  Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.
Abner Li / 9to5Google:
Google updates its iOS Gemini app, adding six circular lockscreen widgets and access in Control Center, including a shortcut to conversational mode Gemini Live  —  Following last week's homescreen redesign, the Google Gemini app on iPhone has been updated with lockscreen widgets and direct access in Control Center.
Lizette Chapman / Bloomberg:
Peregrine, which develops a platform used by state and local law enforcement agencies with smaller budgets, raised $190M led by Sequoia at a $2.5B valuation  —  Peregrine Technologies boosted its valuation to $2.5 billion in the deal.  —  Sequoia Capital is leading a $190 million funding round …
Craig Barrett / Fortune:
A former Intel CEO and chair says the company shouldn't be broken up because its foundry unit now has the tech and manufacturing know-how to compete with TSMC  —  Four former Intel board members have written two opinion pieces for Fortune arguing that the only solution to Intel's problems …
Julia Hornstein / Business Insider:
Swap, which uses AI to help DTC, e-commerce brands with inventory management, raised a $40M Series B led by Iconiq Growth and plans an international expansion  —  - Swap raises $40 million in Series B funding led by ICONIQ Growth.  — Founded in 2022, Swap consolidates logistics for e-commerce brands into one platform.
Zvi Mowshowitz / Don't Worry About the Vase:
GPT-4.5 review: improved verbal intelligence, contextual adaptation, abstract writing, and better taste and aesthetics, but not ideal for reasoning or coding  —  It's happening.  —  The question is, what is the it that is happening?  An impressive progression of intelligence?
More: PlatformerBluesky: @caseynewton
Dong Cao / Bloomberg:
Sources: Didi Autonomous Driving is seeking to raise new funding at a $5B valuation, after raising a $298M Series C led by Guangzhou Automobile in October 2024  —  - Firm in talks with investors including Beijing-based fund  — Unit operates robotaxi services in some major Chinese cities
Amanda Silberling / TechCrunch:
Creator monetization platform Passes and CEO Lucy Guo are sued for allegedly distributing CSAM; the suit claims Guo intervened to override safety measures  —  Passes, a direct-to-fan monetization platform for creators backed by $40 million in Series A funding, has been sued …

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